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How Much Did SkyHive Raise? Headquarters, Funding & Key Investors

SkyHive has raised $60 million in total funding across multiple rounds, including a notable $40 million Series B in October 2021 backed by Accenture Ventures, Workday Ventures, and Eldridge Industries. The company also secured a $107K EU innovation grant in January 2023, alongside an undisclosed 2022 Series B extension supported by Deutsche Bank. Founded in 2016, SkyHive reached unicorn-status timeframe in 4 years 10 months and continues to expand its AI-driven workforce intelligence platform from its Palo Alto base.

    SkyHive is transforming global workforce development through its AI-powered labor market intelligence platform. By analyzing workforce skills, labor trends, job transitions, and market demand, SkyHive helps enterprises, governments, and HR leaders make data-driven decisions on hiring, upskilling, and workforce planning. The platform combines ethical AI, deep-learning models, and real-time economic signals to map skills at scale, reduce talent gaps, and accelerate organizational transformation.

    What Is SkyHive and What Does It Do?

    SkyHive, founded in 2016 by Mohan Reddy, Sean Hinton, and Sergiy Osypchuk, is a Palo Alto-based (United States) AI-powered HR services and workforce intelligence company.

    SkyHive employs around 90 people and SkyHive offers advanced skill-mapping, job-transition modeling, and workforce reskilling insights using quantum labor analytics. 

    The platform enables organizations to understand evolving skill needs, optimize hiring, and develop future-ready talent strategies using ethical, real-time AI intelligence.

    How Much Funding Has SkyHive Raised?

    1. Grant (Prize Money)
      Amount Raised: $107K
      Date: January 2023
      Lead Investors: European Union
      Motivation: To support AI-driven workforce innovation and skill-transformation research.
    2. Series B (Primary Round)
      Amount Raised: $40M
      Date: October 2021
      Lead Investors: Eldridge Industries, Accenture Ventures, Workday Ventures, Partnership for New York City, AllegisCyber Capital
      Motivation: To scale AI skill-mapping, global workforce analytics, and enterprise HR transformation capabilities.

    Total Funding Raised: $60 Million

    Latest Funding Date: January 2023

    Key Investors

    1. Workday Ventures
      Details: Strategic investment arm of Workday, backing HR and enterprise solutions.
      Investment Focus Areas: HRTech, workforce intelligence, enterprise automation.
      Notable Investments: SkyHive, Go1, Guild.
    2. Accenture Ventures
      Details: Global innovation and investment division supporting disruptive enterprise tech.
      Investment Focus Areas: AI, digital transformation, HR innovation.
      Notable Investments: SkyHive, Celonis, GoodData.
    3. Partnership for New York City
      Details: Investment initiative supporting high-impact, fast-growing technology startups.
      Investment Focus Areas: Workforce optimization, enterprise software, public-sector innovation.
      Notable Investments: SkyHive, Spring Health, Transfix.

    Where Is SkyHive’s Headquarters?

    SkyHive is headquartered in Palo Alto, California, at the heart of Silicon Valley’s innovation ecosystem. With access to top AI engineering talent and enterprise technology partners, the strategic location supports SkyHive’s rapid expansion in workforce modeling and HR transformation across global markets.

    What’s Next for SkyHive?

    SkyHive plans to expand its global footprint by partnering with governments and Fortune 500 enterprises to power national-scale upskilling programs. The company aims to strengthen its AI models, enhance real-time labor predictions, and launch deeper integrations with HRIS systems. As organizations adopt skills-based talent strategies, SkyHive is poised to lead the next stage of workforce intelligence transformation.

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